Xenon Pharmaceuticals (XENE) Prices 3.75M Share Common Offering at $16/Sh
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Xenon Pharmaceuticals Announces Pricing of $60.0 Million Public Offering of Common Shares
January 22, 2020 8:50 PM ESTBURNABY, British Columbia, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Xenon Pharmaceuticals Inc. (Nasdaq: XENE), a clinical stage biopharmaceutical company, today announced the pricing of its underwritten public offering of 3,750,000 common shares pursuant to its existing shelf registration statement at a public offering price of $16.00 per share. The gross proceeds to Xenon from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Xenon, are expected to be approximately $60.0 million. In addition, Xenon has granted to the underwriters of the offering an option for a period of 30 days to... More
